The Ichimoku Report for Trend Trading

From dailyfx.com

Ichimoku is a complete technical trading system that has been used religiously by traders dating back to the indicators development in the 1930s. The basis of Ichimoku is two moving averages and a cloud to provide a clearer picture of potential price action. The main difference between how Ichimoku averages and western moving averages work is that Ichimoku is constructed using 50% point of the highs and lows as opposed to candle’s closing price. The distinctive Ichimoku clouds allow us to gauge in glance the posture and affinity of future price action. If you want a complete breakdown of the moving points of the ... (full story)